4 ms·
The primary problem with this claim as it usually presented is that it tends to ignore that earlier generations did not go from kindergarten to home ownership i
by PaulDavisThe1st 3y ago
The primary problem with this claim as it usually presented is that it tends to ignore that earlier generations did not go from kindergarten to home ownership in a year: you grow up with your parents' generation's condition as "normal" when it actually represents 30-50 years of "accumulation".
So yeah, 10 years ago, very, very few millenials owned a home. But that was true for 23 year old boomers too.
- SketchySeaBeast 3y agoYou can look at that data too. https://www.forbes.com/sites/katherinehamilton/2023/04/21/gen-z-ahead-of-millennials-and-their-parents-in-owning-their-own-homes/ https://www.forbes.com/sites/katherinehamilton/2023/04/21/ge... Millennials own less homes than boomers did at their age. Though based upon the data Gen Z is possibly turning things around.